Represented William F. Perkins, the examiner appointed in the Chapter 11 cases of HomeGold Financial Inc., HomeGold Inc. and Carolina Investors Inc., pending in the United States Bankruptcy Court for the District of South Carolina, Columbia Division. HomeGold and HomeGold Financial were collectively a subprime mortgage lender funded by the sales to the public of the subordinated debentures of Carolina Investors Inc. Carolina Investors effectively operated as an unregulated bank, and the examiner was appointed to determine the cause of the collapse of the HomeGold/Carolina Investor entities and to determine the claims of the three debtor estates against third parties. The firm assisted the examiner in an extensive series of interviews of the officers and directors of the HomeGold/Carolina Investor entities; review of the relevant documents associated with the failure of the HomeGold/Carolina Investor entities; research and analysis of the claims of the debtors against third parties; preparation of three reports of the examiner; and, advising the examiner, whose powers were expanded to include operation of the debtor entities, on the orderly liquidation of the debtors and the formulation and preparation of a plan and all associated documents.

Experience Center

Match our Experience to Your Needs

Experience Highlights

Implementation of Brownfields Agreement for Kim's Greensboro Real Estate, LLC
Represented Kim's Greensboro Real Estate, LLC in the redevelopment of property that was the former site of a manufacturing plant for general more
Arbitration for a global supplier of electro-mechanical equipment, systems, and services
The firm served as lead counsel to a global supplier of electro-mechanical equipment, systems, and services in an arbitration where the owner alleged more
Cash/stock transaction for an acoustic parts and car body sealants company
Represented an acoustic parts and car body sealants company located in the U.S., Australia and the U.K. in connection with the sale of the company, more
Retirement plan for New York City Police Department Superior Officers Council
Represents New York City Police Department Superior Officers Council with respect to its retirement plan established for officers of the New York more